According to a report from the Business Insider website, Mint Zuckerberg, CEO of Meta, the company that owns Instagram, stated that the short videos service offered on the Instagram platform is a great success despite the criticism the application has received for emulating the Tech Talk giant, the short videos.
The available Rales was compared to Instagram and Facebook with the rival Tech Talk, and the criticism was severe. However, during the results of Mita’s third quarter, Zuckerberg stated that Rales video production and consumption were rising as users watched more than 140 billion Rales videos every day on Facebook and Instagram.
Zuckerberg noted that this was a 50% increase from six months prior. Participating on rival platforms like Tek Tok eliminates it.
” Meta chose to lose more than $ 500 million of quarterly revenues, Zuckerberg said, and the reason is that Rales did not start making a lot of income coming from the ads as is the case with the main stories and nutrition on the platform.
Although the president of Mita claimed that Rales enables users to discover new activities and connect with organisations and content creators, some famous people disagree with this assertion.
Celebrities may not be happy, but Zuckerberg loves Instagram’s short videos.
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